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Great Financial Collapse, 2026 version?
Thursday, November 6, 2025 2:51 PM
SIGNYM
I believe in solving problems, not sharing them.
Quote: UBS Liquidates Funds, Faces $500 Million Exposure To First Brands Fracas Thursday, Nov 06, 2025 - 11:20 AM Having already followed Deutsche Bank into the risk-transfer business, hedging its exposure to its own deals (UBS Group's asset management unit is working on a new fund that will invest in significant risk transfers, which could include deals issued by itself), the big Swiss bank, The Financial Times reports that UBS has told clients that it will wind down an investment vehicle with significant debt exposure to First Brands Group, in the first major fund liquidation following the US auto parts maker’s shock bankruptcy. As we detailed previously, UBS O'Connor: the once iconic hedge fund associated with the only major Swiss bank left standing after the Credit Suisse collapse, has 30% [!!!] of its portfolio tied to First Brands, leaving Switzerland’s largest bank grappling with a bankruptcy that has convulsed global finance.
Thursday, November 6, 2025 3:30 PM
JAYNEZTOWN
Thursday, November 6, 2025 4:01 PM
THG
Keep it real please
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